Common use of Commitment Increases Clause in Contracts

Commitment Increases. (a) In the event that the Borrower wishes to increase the Total Commitments at any time when no Default or Event of Default has occurred and is continuing (or shall result of such increase), it shall notify the Administrative Agent in writing, given not more frequently than once per calendar year, of the amount (the “Revolving Credit Offered Increase Amount”) of such proposed increase (such notice, a “Commitment Increase Notice”) which shall be in a minimum amount equal to $10,000,000 and shall not exceed, in the aggregate for all increases, $150,000,000. The Borrower shall offer each of the Lenders the opportunity to provide such Lender’s Percentage of the Revolving Credit Offered Increase Amount, and if any Lender declines such offer, in whole or in part, the Borrower may offer such declined amount to (i) other Lenders and/or (ii) other banks, financial institutions or other entities with the consent of the Administrative Agent (which consent of the Administrative Agent shall not be unreasonably withheld, conditioned or delayed). The Commitment Increase Notice shall specify the Lenders and/or banks, financial institutions or other entities that will be requested to provide such Revolving Credit Offered Increase Amount. The Borrower or, if requested by the Borrower, the Administrative Agent will notify such Lenders, and/or banks, financial institutions or other entities of such offer.

Commitment Increases. (a) In the event that the Borrower wishes to increase the Total Commitments at any time when no Default or Event of Default has occurred and is continuing (or shall result of such increase)) and subject to obtaining all necessary regulatory approvals, it shall notify the Administrative Agent in writing, given not more frequently than once per a calendar year, of the amount (the “Revolving Credit Offered Increase Amount”) of such proposed increase (such notice, a “Commitment Increase Notice”) which shall be in a minimum amount equal to $10,000,000 and shall not exceed, in the aggregate for all increases, $150,000,000250,000,000. The Borrower shall offer each of the Lenders the opportunity to provide such Lender’s Percentage of the Revolving Credit Offered Increase Amount, and if any Lender declines such offer, in whole or in part, the Borrower may offer such declined amount to (i) other Lenders and/or (ii) other banks, financial institutions or other entities with the consent of the Administrative Agent (which consent of the Administrative Agent shall not be unreasonably withheld, conditioned withheld or delayed). The Commitment Increase Notice shall specify the Lenders and/or banks, financial institutions or other entities that will be requested to provide such Revolving Credit Offered Increase Amount. The Borrower or, if requested by the Borrower, the Administrative Agent will notify such Lenders, and/or banks, financial institutions or other entities of such offer.

Commitment Increases. (a) In the event that the Borrower wishes to increase the Total Commitments at any time when no Default or Event of Default has occurred and is continuing (or shall result of such increase), it shall notify the Administrative Agent in writing, given not more frequently than once per calendar year, writing of the amount (the “Revolving Credit Offered Increase Amount”) of such proposed increase (such notice, a “Commitment Increase Notice”) which shall be in a minimum amount equal to $10,000,000 5,000,000 and shall not exceed, in the aggregate for all increasesaggregate, $150,000,000100,000,000. The Borrower shall offer each of the Lenders the opportunity to provide such Lender’s Percentage of the Revolving Credit Offered Increase Amount, and if any Lender declines such offer, in whole or in part, the Borrower may offer such declined amount to (i) other Lenders and/or (ii) other banks, financial institutions or other entities with the consent of the Administrative Agent and, unless any such other bank, financial institution or other entity would qualify as an Eligible Assignee, the Issuing Lender (which consent consents of the Administrative Agent and the Issuing Lender shall not be unreasonably withheld, conditioned withheld or delayed). The Commitment Increase Notice shall specify the Lenders and/or banks, financial institutions or other entities that will be requested to provide such Revolving Credit Offered Increase Amount. The Borrower or, if requested by the Borrower, the Administrative Agent will notify such Lenders, and/or banks, financial institutions or other entities of such offer.

Commitment Increases. (a) In the event that the Borrower wishes to increase the Total Commitments at any time during the Increase Option Period when no Default or Event of Default has occurred and is continuing (or shall result continuing, subject to the approval of such increase)the Administrative Agent, it shall notify the Administrative Agent in writing, given not more frequently than once per calendar year, writing of the amount (the “Revolving Credit "Offered Increase Amount”") of such proposed increase (such notice, a “"Commitment Increase Notice”") which shall be in a minimum amount equal to at least $10,000,000 and shall not exceed, in the aggregate for all increases, $150,000,00010,000,000. The Borrower shall may, at its election, (i) offer each one or more of the Lenders the opportunity to provide such Lender’s Percentage all or a portion of the Revolving Credit any Offered Increase Amount, and if any Lender declines such offer, in whole or in part, the Borrower may offer such declined amount Amount pursuant to paragraph (ic) other Lenders below and/or (ii) other with the consent of each Issuing Lender and the Administrative Agent (which consent shall not be unreasonably withheld), offer one or more additional banks, financial institutions or other entities with the consent opportunity to provide all or a portion of the Administrative Agent such Offered Increase Amount pursuant to paragraph (which consent of the Administrative Agent shall not be unreasonably withheld, conditioned or delayed)b) below. The Each Commitment Increase Notice shall specify the which Lenders and/or banks, financial institutions or other entities that will be requested the Borrower desires to provide such Revolving Credit Offered Increase Amount. The Borrower or, if requested by the Borrower, the Administrative Agent will notify such Lenders, and/or banks, financial institutions or other entities of such offer.

Commitment Increases. (a) In the event that the Borrower wishes to increase the Total aggregate Commitments at any time when that no Default or Event of Default has occurred and is continuing (or shall result of such increase)continuing, it shall notify the Administrative Agent in writing, given not more frequently than once per calendar year, writing of the amount (the “Revolving Credit "Offered Increase Amount”") of such proposed increase (such notice, a “"Commitment Increase Notice”) which "), provided that increases in the aggregate Commitments shall be in a minimum amount equal to increments of $10,000,000 50,000,000 and the aggregate Commitments shall not exceed, in the aggregate for all increases, be increased to an amount exceeding $150,000,000700,000,000. The Borrower shall may, at its election, (i) offer each one or more of the Lenders the opportunity to provide such Lender’s Percentage participate in all or a portion of the Revolving Credit Offered Increase Amount, and if any Lender declines such offer, in whole or in part, the Borrower may offer such declined amount Amount pursuant to subsection (ic) other Lenders below and/or (ii) other banks, financial institutions or other entities with the consent of the Administrative Agent (which consent of the Administrative Agent shall not be unreasonably withheld), conditioned offer one or delayed)more additional banks, financial institutions or other entities the opportunity to participate in all or a portion of the Offered Increase Amount pursuant to paragraph (b) below. The Each Commitment Increase Notice shall specify the which Lenders and/or banks, financial institutions or other entities that will be requested the Borrower desires to provide participate in such Revolving Credit Offered Increase Amountcommitment increase. The Borrower or, if requested by the Borrower, the Administrative Agent will notify such Lenders, and/or banks, financial institutions or other entities of such offer.

Commitment Increases. (ai) In the event that the Borrower wishes to increase the Total aggregate Commitments at any time when prior to the Revolving Credit Commitment Termination Date, and provided that no Default or Event of Default has occurred and is continuing (or shall result of such increase)then continuing, it shall notify the Administrative Agent in writing, given not more frequently than once per calendar year, writing of the amount (the “Revolving Credit "Offered Increase Amount”") of such proposed increase (such notice, a “"Commitment Increase Notice”) which shall be in a minimum amount equal to $10,000,000 and shall not exceed, in the aggregate for all increases, $150,000,000"). The Borrower shall may, at its election, (x) offer each one or more of the Lenders Banks the opportunity to provide such Lender’s Percentage participate in all or a portion of the Revolving Credit Offered Increase Amount, and if any Lender declines such offer, in whole or in part, the Borrower may offer such declined amount Amount pursuant to subsection (iiii) other Lenders below and/or (iiy) other with the consent of the Agent in the event the existing Banks choose not to participate in all of the Offered Increase Amount (which consent shall not be unreasonably withheld), offer one or more additional banks, financial institutions or other entities with the consent opportunity to participate in the Offered Increase Amount pursuant to paragraph (ii) below, to the extent of such Offered Increase Amount not participated in by the Administrative Agent (which consent of the Administrative Agent shall not be unreasonably withheld, conditioned or delayed)existing Banks. The Each Commitment Increase Notice shall specify the Lenders which Banks and/or banks, financial institutions or other entities that will be requested the Borrower desires to provide participate in such Revolving Credit Offered Increase Amountcommitment increase. The Borrower or, if requested by the Borrower, the Administrative Agent will notify such Lenders, Banks and/or banks, financial institutions or other entities of such offer.

Commitment Increases. (a) In the event that the Borrower wishes to increase the Total Commitments at any time when no Default or Event during the Increase Option Period, subject to the approval of Default has occurred and is continuing (or shall result of such increase)the Administrative Agent, it shall notify the Administrative Agent in writing, given not more frequently than once per calendar year, writing of the amount (the “Revolving Credit Offered Increase Amount”) of such proposed increase (such notice, a “Commitment Increase Notice”) which shall be in a minimum amount equal to at least $10,000,000 10,000,000; provided that, no Default or Event of Default shall have occurred and shall not exceed, in the aggregate for all increases, $150,000,000be continuing immediately prior to and after giving effect to any such increase. The Borrower shall may, at its election, (i) offer each one or more of the Lenders the opportunity to provide such Lender’s Percentage all or a portion of the Revolving Credit any Offered Increase Amount, and if any Lender declines such offer, in whole or in part, the Borrower may offer such declined amount Amount pursuant to paragraph (ic) other Lenders below and/or (ii) other with the consent of each Issuing Lender and the Administrative Agent (which consent shall not be unreasonably withheld), offer one or more additional banks, financial institutions or other entities with the consent opportunity to provide all or a portion of the Administrative Agent such Offered Increase Amount pursuant to paragraph (which consent of the Administrative Agent shall not be unreasonably withheld, conditioned or delayed)b) below. The Each Commitment Increase Notice shall specify the which Lenders and/or banks, financial institutions or other entities that will be requested the Borrower desires to provide such Revolving Credit Offered Increase Amount. The Borrower or, if requested by the Borrower, the Administrative Agent will notify such Lenders, and/or banks, financial institutions or other entities of such offer.

Commitment Increases. (a) a. In the event that the Borrower wishes to increase the Total Commitments at any time when no Default or Event of Default has occurred and is continuing (or shall result of such increase), it shall notify the Administrative Agent in writing, given not more frequently than once per calendar year, of the amount (the “Revolving Credit Offered Increase Amount”) of such proposed increase (such notice, a “Commitment Increase Notice”) which shall be in a minimum amount equal to $10,000,000 and shall not exceed, in the aggregate for all increases, $150,000,000. The Borrower shall offer each of the Lenders the opportunity to provide such Lender’s Percentage of the Revolving Credit Offered Increase Amount, and if any Lender declines such offer, in whole or in part, the Borrower may offer such declined amount to (i) other Lenders and/or (ii) other banks, financial institutions or other entities with the consent of the Administrative Agent (which consent of the Administrative Agent shall not be unreasonably withheld, conditioned or delayed). The Commitment Increase Notice shall specify the Lenders and/or banks, financial institutions or other entities that will be requested to provide such Revolving Credit Offered Increase Amount. The Borrower or, if requested by the Borrower, the Administrative Agent will notify such Lenders, and/or banks, financial institutions or other entities of such offer.

Commitment Increases. (a) In the event that the Borrower wishes to increase the Total Commitments at any time when no Default or Event of Default has occurred and is continuing (or shall result of such increase)) and subject to obtaining all necessary regulatory approvals, it shall notify the Administrative Agent in writing, given not more frequently than once per calendar year, writing of the amount (the “Revolving Credit Offered Increase Amount”) of such proposed increase (such notice, a “Commitment Increase Notice”) which shall be in a minimum amount equal to $10,000,000 and shall not exceed, in the aggregate for all increases, $150,000,00010,000,000. The Borrower shall offer each of the Lenders the opportunity to provide such Lender’s Percentage of the Revolving Credit Offered Increase Amount, and if any Lender declines such offer, in whole or in part, the Borrower may offer such declined amount to (i) other Lenders and/or (ii) other banks, financial institutions or other entities with the consent of the Administrative Agent and, unless any such other bank, financial institution or other entity would qualify as an Eligible Assignee, the Issuing Lender (which consent consents of the Administrative Agent and the Issuing Lender shall not be unreasonably withheld, conditioned withheld or delayed). The Commitment Increase Notice shall specify the Lenders and/or banks, financial institutions or other entities that will be requested to provide such Revolving Credit Offered Increase Amount. The Borrower or, if requested by the Borrower, the Administrative Agent will notify such Lenders, and/or banks, financial institutions or other entities of such offer.

Commitment Increases. (a) In the event that the Borrower wishes to increase the Total Commitments Commitment at any time when no Default or Event of Default has occurred and is continuing (or shall result of such increase), it shall notify the Administrative Agent in writing, given not more frequently than once per calendar year, writing of the amount (the “"Revolving Credit Offered Increase Amount”") of such proposed increase (such notice, a “"Commitment Increase Notice”") which shall be in a minimum amount equal to $10,000,000 and shall not exceed, in the aggregate for all increases, $150,000,00010,000,000. The Borrower shall offer each of the Lenders the opportunity to provide such Lender’s 's Percentage of the Revolving Credit Offered Increase Amount, and if any Lender declines such offer, in whole or in part, the Borrower may offer such declined amount to (i) other Lenders and/or (ii) other banks, financial institutions or other entities with the consent of the Administrative Agent and, unless any such other bank, financial institution or other entity would qualify as an Eligible Assignee, the Issuing Lender (which consent consents of the Administrative Agent and the Issuing Lender shall not be unreasonably withheld, conditioned withheld or delayed). The Commitment Increase Notice shall specify the Lenders and/or banks, financial institutions or other entities that will be requested to provide such Revolving Credit Offered Increase Amount. The Borrower or, if requested by the Borrower, the Administrative Agent will notify such Lenders, and/or banks, financial institutions or other entities of such offer.